chart close button shut down the strategy

[davidgamo]

Hello,

I use the EnterLongLimit (or EnterShortLimit) to enter.

I use ExitLongStop and ExitLongLimit to set the stop loss and target in the long enter.

I can use the ExitLong to close the position.

But If I use the close button in the chart, the strategy always disable and in the output console I can read

**NT** Disabling NinjaScript strategy 'MoneyWizardStrategy/346ca6ce75ae4bf0a80b1274f54c6f2e'

What I have to do? How should I manage the chart buttons in the strategy?

Best

[NinjaTrader_Bertrand]

Hi David, that is correct and expected - you cannot work with the Close buttons here as it will disable all strategies running on this instrument/account combination and also close your working orders/positions.

[mikescookin13]

NinjaTrader_Bertrand,

I have been using the Ninja Trader replay data to practice actual trades and have made hundreds of trades using this method. I enter trades using the chart (Buy Stop @ price, Sell Stop@ price, etc.) These are not limit orders. Your Close description (see below) indicates identifying and exiting sell limit orders.
Question: Using Close exits ALL orders, correct?

When a position or ATM Strategy position is closed, NinjaTrader goes through the following process: (Assume we are long on the S&P E-mini contract at an entry price of 1000.)
1. Identifies any working sell limit orders
2. Cancel all other orders
3. Modifies the price of the identified working sell limit orders below the market so that they get filled instantly
4. Submit a sell market order if necessary for any left over contracts that are not covered by the identified working sell limit orders

[NinjaTrader_Bertrand]

That's correct Mike. It cancels all other order types for this instrument / account and uses the existing limit orders for getting you out of the current position.

[mikescookin13]

Thanks Bertrand - but what is throwing me off is you say the Close uses the existing limit orders for getting you out of the current position. The orders I place are not placed as limit orders -
(Buy Stop @ price, Sell Stop@ price, etc.)

-these will be closed at market right?

[NinjaTrader_Bertrand]

Correct Mike, in case we could not work with already working limit orders to modify to a marketable execution we would need to use a market order then to flatten.